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The most important cybersecurity statistics for small and medium businesses, sourced from IBM, Verizon, Sophos, FBI, and other trusted reports. Updated quarterly. Free to cite โ a link back is appreciated.
Last updated: March 2026 ย ยทย Sources: IBM, Verizon, Sophos, CISA, FBI, Kaspersky, Hiscox
Average cost of a data breach globally in 2024, up 10% from the previous year.
IBM Cost of a Data Breach Report 2024 (2024)Average cost of a phishing-initiated data breach โ the most expensive initial attack vector.
IBM Cost of a Data Breach Report 2024 (2024)Average cost per stolen intellectual property record in a data breach โ up 11% from the prior year.
IBM Cost of a Data Breach Report 2024 (2024)Average data breach lifecycle (identify + contain) โ a 7-year low, down from 277 days the prior year.
IBM Cost of a Data Breach Report 2024 (2024)Average cost savings when AI and automation are extensively used in prevention workflows.
IBM Cost of a Data Breach Report 2024 (2024)Of small businesses that suffer a cyber attack go out of business within six months.
U.S. National Cyber Security Alliance (2023)Average data breach cost for organizations with fewer than 500 employees.
IBM Cost of a Data Breach Report 2024 (2024)Average cost savings for organizations that had an incident response plan and team in place.
IBM Cost of a Data Breach Report 2024 (2024)Total cybercrime losses reported to the FBI Internet Crime Complaint Center in 2023.
FBI IC3 Annual Report 2023 (2023)Of breaches involved a non-malicious human element (social engineering or errors).
Verizon 2024 DBIR (2024)Average number of cyber attacks detected daily.
University of Maryland / Security Magazine (2024)Of breaches involved a third party or supply chain compromise โ up 68% from the prior year.
Verizon 2024 DBIR (2024)Increase in exploitation of vulnerabilities as an initial access vector (from 2023 to 2024).
Verizon 2024 DBIR (2024)Average cost of recovering from a ransomware attack (excluding the ransom payment) โ up 50% from $1.82M in 2023.
Sophos State of Ransomware 2024 (2024)Of organizations that had data encrypted paid the ransom โ the first time more than half of victims paid.
Sophos State of Ransomware 2024 (2024)Median ransom payment in 2024, a 5x increase from $400K in 2023.
Sophos State of Ransomware 2024 (2024)Of small businesses have customer data that could be compromised in an attack.
Bullguard / Norton Small Business Survey (2023)Of small businesses rate their ability to mitigate cyber risks as highly effective.
Accenture Cybercrime Study (2023)Of small businesses take 24+ hours to recover from a cyber attack โ and some never fully recover.
Hiscox Cyber Readiness Report 2024 (2024)Average cost of a healthcare data breach โ the highest of any industry for the 14th consecutive year.
IBM Cost of a Data Breach Report 2024 (2024)Of organizations experienced at least one cyber event driven by a compliance gap in the past year.
Ponemon Institute / IBM (2024)Average HIPAA violation fine levied by HHS Office for Civil Rights.
HHS Office for Civil Rights (2024)Increase in cyber insurance premiums over the past 3 years due to rising claims.
Marsh McLennan Global Insurance Market Index (2024)Of automated credential attacks are blocked by multi-factor authentication (MFA).
Microsoft Security Research (2024)Organizations with security awareness training experience 12x fewer successful phishing attacks.
KnowBe4 Phishing Benchmarking Report (2024)Of cyber insurance claims are denied due to failure to meet policy security requirements.
Delinea / Censuswide Survey (2024)You're free to cite any statistic on this page in your articles, presentations, or reports. If you reference this page, a link to nctriangletech.com/tools/cybersecurity-stats is appreciated but not required. All statistics are sourced from publicly available reports.
Suggested citation:
"Cybersecurity Statistics for Small Business (2026)." Triangle Tech. https://nctriangletech.com/tools/cybersecurity-statsMost small business cyber attacks are preventable with basic protections. We help Triangle businesses set up the right defenses without overcomplicating things.